Fully furnished and rental-ready! This 2 bed, 2 bath unit features dual walk-in showers, a coffee bar, and carpet in most areas. Located in the private part of Gulf Terrace, this unit is clean, comfortable, and move-in ready and best of all has a beautiful view of the lake and green belts. Located in a well-maintained community with 3 pools, a tennis court, and grill/picnic areas—many of which have been renovated. Just 0.5 mi to Big Kahuna's, 0.8 mi to Publix & Target, less than 1 mi to beach access, and 2 mi to Destin Commons. Great for short- or long-term stays! Buyer to verify all measurements and pertinent information. Schedule your private showing today.
For sale
Price cut: $5K (5/29)
$245,000
4000 Gulf Terrace Dr Unit 282, Destin, FL 32541
2beds
982sqft
:
Get pre-qualified$1,598/mo
Condominium
Built in 1973
-- sqft lot
$227,200 Zestimate®
$249/sqft
$-- HOA
What's special
Tennis courtCarpet in most areasCoffee barDual walk-in showers
- 413 days |
- 612 |
- 34 |
Zillow last checked:
Listing updated:
Listed by:
MY850 850-998-8500,
World Impact Real Estate,
Lars S Rygaard 850-520-0148,
World Impact Real Estate
Source: ECAOR,MLS#: 978697
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 11 x 12
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 11 x 12
Kitchen
- Level: First
- Area: 72.25 Square Feet
- Dimensions: 8.5 x 8.5
Living room
- Level: First
- Area: 252 Square Feet
- Dimensions: 18 x 14
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar
- Flooring: Carpet
- Furnished: Yes
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Details
- Parcel number: 002S22109500000282
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
Condition
- Construction Complete
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Community Room, Dock, Dumpster, Fishing, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Waterfront, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: GULF TERRACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Legal, Cable TV, Trash, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $225,000
- Annual tax amount: $2,089
- Date on market: 6/14/2025
Estimated market value
$227,200
$216,000 - $239,000
$2,294/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $245,000-2%$249/sqft |
Source:  ECAOR #978697 Report a problem | ||
| 10/30/2025 | Price change | $250,000-9.1%$255/sqft |
Source: ECAOR #978697 Report a problem | ||
| 8/29/2025 | Price change | $275,000-5.2%$280/sqft |
Source: ECAOR #978697 Report a problem | ||
| 6/14/2025 | Listed for sale | $290,000$295/sqft |
Source: ECAOR #978697 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,147 +2.8% | $144,946 +10% |
| 2024 | $2,089 +2.7% | $131,769 -42.7% |
| 2023 | $2,035 +27.4% | $230,000 +43.8% |
| 2022 | $1,597 +20.3% | $160,000 +38.5% |
| 2021 | $1,327 +17.9% | $115,500 +28.3% |
| 2020 | $1,126 +4.6% | $90,000 +5.9% |
| 2019 | $1,076 +8.9% | $85,000 +10.4% |
| 2018 | $989 | $77,000 +5.5% |
| 2017 | $989 +3.6% | $73,000 |
| 2016 | $954 +0.9% | $73,000 +10.6% |
| 2015 | $946 +8.2% | $66,000 +6.5% |
| 2014 | $874 | $62,000 +6.9% |
| 2013 | -- | $58,000 +3.6% |
| 2012 | -- | $56,000 -3.4% |
| 2011 | -- | $58,000 -13.4% |
| 2010 | -- | $67,000 -9.5% |
| 2009 | -- | $74,000 -21.3% |
| 2008 | -- | $94,000 -36.1% |
| 2007 | -- | $147,000 -21.4% |
| 2006 | -- | $187,000 +58.5% |
| 2005 | -- | $118,000 +87.3% |
| 2004 | -- | $63,000 +8.4% |
| 2003 | -- | $58,100 +1.9% |
| 2002 | -- | $57,000 |
| 2001 | -- | $57,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.7 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2.6 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 10.4 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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